Disclaimer
The main objective of this publication is to present the Coruls solution and the related Coruls project. Under no circumstance, it should be considered as an investment advice.
If you have any question regarding the regulations impact on the Coruls project, feel free to contact Coruls at https://t.me/coruls
Abstract
Since the emergence of blockchain and cryptocurrency a few years ago, it has brought many changes to industries such as finance, the marketplace, cargo, etc. With the existence of blockchain technology, it is increasingly driving various kinds of changes in the way people transact, such as payments that are fast, safe, efficient, and secure. And now we have come to the blockchain technology revolution which is called decentralized finance or what is called DeFi.
DeFi is a more complex protocol and is more suitable to be implemented in financial cases. DeFi has been widely used on platforms, such as Uniswap and Yearn.finance which in the past few weeks has managed to steal the attention of many crypto investors and enthusiasts. The DeFi feature allows people to be able to maximize profits from the blockchain ecosystem easily and safely. This is the reason why many people invest in DeFi platforms.
A Tokenized DeFi E-commerce Marketplace for Merchants, Affiliates, and Consumers
Currently, many marketplaces operate by offering various features and solutions to merchants and customers. However, most of these platforms do not use renewable technology and are vulnerable to being hacked. So it's not surprising that in recent years we have heard of several cases of data theft. Not to mention the slow and inefficient transaction process, and several other problems that make most marketplace platforms unreliable.
Coruls is an e-commerce platform that aims to tokenize the eCommerce industry with a variety of innovative and comprehensive features and solutions. For example, Coruls will provide a payment gateway in collaboration with Plasma Pay which allows businesses to be integrated with the Coruls platform. With this payment gateway, businesses can get a variety of benefits that can increase their economic value.
Not only that, but Coruls also has DeFi features such as staking, liquidity pool, etc. Which is where users can maximize their profit from DeFi features.
Coruls's Solution
Fast Transactions: Coruls' solutions allow settlement of merchant payments faster than normal. With cryptocurrency, it will take minutes whereas with fiat it will take days.
Marketplace Listing: This allows every merchant to promote their business.
Affiliate Network: This allows people to be able to build their affiliate network.
Fiat and Crypto: Users are free to choose any currency they prefer.
Wallet: A digital wallet that allows users to navigate easily and also allows users to easily exchange their digital assets for various cryptos.
Staking: This is a DeFi feature that maximizes user profit.
Utility: Users will get a 5% discount for every product they buy with CORL token.
Rewards: Coruls appreciates the participation of users, therefore customers, merchants, or affiliates, who use the Coruls marketplace will get rewards.
Liquidity Pool: Lending/borrowing protocols that allow earning a proportion of fees from all trades.
Merchant Financing: DeFi solution that allows merchants to be able to borrow a certain amount of money for their operations.
Coruls's Product
Coruls Marketplace: Allows merchants, customers, and affiliates to connect and trade.
Currency Swap: Allows customers and merchants to be able to pay and receive payments with fiat and cryptocurrency.
Coruls Wallet: Allows users to be able to store their digital assets safely and conveniently. This wallet also has several features that can maximize the user experience when using the Coruls platform.
Coruls DeFi: DeFi solution that allows Lending and borrowing to be done easily and safely.
Buy Now Pay Later: A feature that allows merchants to be able to provide "Buy Now and Pay Later" features to their customers by utilizing CORL tokens.
In Conclusion
By utilizing blockchain technology and cryptocurrency, we can get various benefits, such as safer, faster, and more secure payments. Moreover, coupled with the DeFi solution that brings blockchain features to be better for financial cases, the platform can achieve more opportunities in the future. Coruls will tokenize the e-commerce marketplace and empower merchants, affiliates, and customers. So that there will be more people who can feel the benefits of using blockchain technology and cryptocurrency.
Token Economics
Coruls will launch a CORL token which will serve as a payment on the platform. These tokens will provide many benefits to merchants, consumers, traders, affiliates, influencers, start-ups, investors & third-party users. This token will be used as fuel that will support the operation of the platform with the following details;
Connect
WEB: https://coin.coruls.com/
WHITEPAPER: https://coin.coruls.com/wp-content/uploads/2020/09/WP_CORULS6.pdf
TELEGRAM: https://t.me/coruls
TWITTER: https://twitter.com/corlcoin
nice post